| TQQQ latest price $36.6750 (-0.42%) ($36.1240 - $36.7300) on Mon. Nov. 11, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.1% (three month average) |
RSI | 84 |
Latest Price | $36.6750(-0.42%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 0.3% a day on average for past five trading days. |
Weekly Trend | TQQQ advances 4.6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support TQQQ advance at 0% a week (0% probability) DIA(42%) XLK(42%) SPY(41%) IWF(40%) SPLV(40%) |
Factors Impacting TQQQ price | TQQQ will decline at least -1.55% in a week (0% probabilities). VIXM(-30%) TLT(-13%) VXX(-12%) BWX(-4%) UNG(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.55% (StdDev 3.1%) |
Hourly BBV | 0 () |
Intraday Trend | 1.1% |
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